Business Services Industry
SHARES IN AUSTRALIA'S KAZ UP 17 PCT ON FORECAST EARNINGS GROWTH.
AsiaPulse News, September, 2002
SYDNEY, Sept 2 Asia Pulse - Kaz Group Ltd (ASX:KAZ) shares rose over 17 per cent after it predicted strong earnings growth in the current year.
The IT services group today booked a 30 per cent jump in net profit after tax (pre goodwill amortisation) to $A18.9 million ($US10.39 million) - flagged in a profit warning in April.
Net profit after tax slid 12 per cent to $A10.25 million ($US5.63 million), while revenue jumped 81 per cent to $A253.6 million ($US139.35 million) for the year to June 30, 2002.
"The company is targeting revenue growth of approximately 45 per cent in FY03 with EBITDA (earnings before interest, tax, depreciation and amortisation) growth in the order of 30-40 per cent, and NPAT (net profit after tax) (pre goodwill amortisation)...
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- LIFO vs. FIFO: a return to the basics
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
Presented by American Express